No Excuses with Fernando Mateo

Jake Novak | 05-17-26


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Fernando Mateo and Jake Novak critique Ivy League universities for amassing massive endowments while failing to improve the struggling public education systems in their surrounding communities. They argue that these elite institutions operate as tax-exempt entities and major landowners, yet they "game the system" by prioritizing status and endowment growth over genuine social responsibility. The speakers propose that government officials should threaten their tax privileges unless these schools direct a portion of their wealth toward building and managing high-quality private or charter schools in disadvantaged neighborhoods.

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No Excuses with Fernando MateoBy 77 WABC